PARK AEROSPACE CORP — Director's Dealing 2003

Jul 28, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK ELECTROCHEMICAL CORP (PKE)
CIK: 0000076267
Period of Report: 2003-07-24

Reporting Person: WATSON GARY M (Sr. VP, Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-24	Common Stock	J	0	—	Acquired	750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-07-24	Right to buy option	$19.95	A	10000	Acquired	2013-07-24	Common Stock (10000)	Direct
2003-07-24	Right to buy option	$26.42	J	0	Acquired	2010-07-12	Common Stock (22500)	Direct
2003-07-24	Right to buy option	$23.6	J	0	Acquired	2011-07-19	Common Stock (10000)	Direct
2003-07-24	Right to buy option	$29.05	J	0	Acquired	2012-03-20	Common Stock (15000)	Direct

Footnotes

F1: No transaction is being reported

F2: Option is exercisable as to 25% of the shares listed on the date indicated and as to an additional 25% of such shares on each succeeding anniversary of such date.